Tooltip Categories: Smart Money

Available School Fund (ASF)

All Texas school districts are entitled, under the Texas Constitution, to receive a designated amount from the state of Texas’ Permanent School Fund. ASF distributions go toward a district’s Tier 1 Entitlement and...

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Copper Pennies

A portion of the tax rate that brings in revenue above the Tier 1 Entitlement and can generate additional state aid but is subject to Recapture. Current estimates project 60 percent of this revenue would stay in Leander ISD and...

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Fund Balance

A fund balance is like a savings account or emergency account that includes money that school districts do not allocate in budgets and hold in reserve. Fund balance is generated when annual revenues exceed actual operating...

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Expenditures

Expenses or spending within a governmental entity – like a school district – are referred to as expenditures. Expenditures represent the spending of money. For a detailed explanation of Expenditures, visit the Expenditures...

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Revenues

The income of a governmental entity – like a school district – received from taxation and other local, state and federal sources. Revenues are used to finance the services provided to its citizens. For a detailed...

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Average Daily Attendance (ADA)

Average Daily Attendance (ADA) is the number of students in average daily attendance or the sum of attendance for each day of the minimum number of days of instruction.

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Weighted Average Daily Attendance (WADA)

Weighted Average Daily Attendance (WADA) is an adjusted student count taking into account student and district characteristics by which students in certain programs are “weighted” to generate additional funds.

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Basic Allotment (BA)

The Basic Allotment (BA) is set by the Texas legislature, guaranteeing every school district a certain amount of funding for each student based on the Average Daily Attendance (ADA). The BA is currently set at $6,160, with...

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Voter-Approval Tax Rate Election (VATRE)

Voter-Approval Tax Rate Election (VATRE): State law requires that school districts seek voter approval to raise their M&O tax rate above a prescribed amount. If the board adopts a tax rate that’s greater than the...

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Golden Pennies

A portion of the tax rate that brings in revenue above the Tier 1 Entitlement and is not subject to Recapture, meaning 100 percent of the revenue generated from this part of the tax rate stays in the district. They are referred...

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RSS News

  • LISD Celebrates Administrative Professionals Appreciation Week April 22, 2024
    From April 22-26, Leander ISD is celebrating Administrative Professionals Appreciation Week! During this week, the district acknowledges the hard work of the individuals who keep every corner of the district organized and running smoothly. Administrative professionals include campus and district administrative assistants, registrars, office aides, attendance clerks, bookkeepers, receptionists and campus techs. Be sure to […]
  • District Leadership Development Programs Celebrate 2023–24 Graduates April 19, 2024
    Congratulations to the participants of the Leander ISD Prospective Principal Program (P3) and Aspiring Administrator Academy (AAA) for completing these nine-month leadership programs. These development programs demonstrate the district's commitment to create a pipeline and opportunities for growth for those already in LISD.
  • The Compass: April 17, 2024 April 17, 2024
    Our students win competitions, travel to tournaments, make academic breakthroughs and reach new heights every school year – but can you believe that all of #1LISD got to share in the once-in-a-lifetime educational, scientific and historic event that was the 2024 total solar eclipse? We’re still over the moon about it. Check out all of […]

RSS Support

  • Careers: Plant Services October 27, 2023
    We are hiring! Visit the Careers site to apply now. Like you, we’re thinking of the future when we can come together as a community once again, and to do that, we’ll need you!  HELP US MAKE A DIFFERENCE! Looking for a career change? Want to make a difference in your community? Join our Plant Services department and […]
  • Running for the Leander ISD School Board FAQs October 2, 2023
    How many members are on the Leander ISD School Board and how long do they serve? The Board consists of seven members serving terms of four years, with elections held on the November uniform election date in even numbered years. The terms of half of the Board members, or as near to half as possible, […]
  • Election Reminder for Staff October 2, 2023
    As election season approaches, it is a good time to remind everyone that school district employees are prohibited from using district resources to advocate for or against a particular candidate, party, or measure. District resources include our mail/email systems, as well as campus/classroom/teacher websites and social media accounts. Employees are free to support any political […]